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Monday, 08 February 16
DRY-BULK SHIPPING DIVING DEEP
 COALspot.com: The freight markets continued to fall this past week.
The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measure of global supply and demand for shipping of commodities down 6% week over week to 297 points on 5 February 2016. The index peaked at 11,793 in May 2008 and It fell this past Friday to 297 points ( declined 97.48%).
The Cape Index was almost flat week over week. The BCI closed 212 points on 5 February 2016.
The Panamax index (BPI) was up 2.79% to 295 points while the Supramax index (BSI) was down 13.81% to 262 points, compared to 304 points on 29 January 2016.
The handy size index was also down 11.41% to 194 points on 5 February 2016.
Average daily earnings for Supramax, for the route Indonesia to India (delivery Indonesia) rated at around $ 3000-4000 per day this past week, while the Panamax vessels rated at around $ 2000-2500 per day delivery Shanghai, China.
The freight rates are expected to be flat to weak this week due to Chinese New year holidays and lack of demand.
The Cape average charter rates was reported at around US$1547 per day and Panamax’s was reported at around US$2361per day. The Supramax’s average charters rates were at around $2736 per day and Handy size ships were at $2858 per day.
According to Nikkei, already so far, more than half a dozen shipping companies from countries including Hong Kong, China, South Korea, Japan and the U.S. have filed for bankruptcy in the past two years. In 2015, bankruptcies gathered pace as orders dried up while new ships continued to enter the market.
The futures for three years (2016-2018) for the ships were reported slightly higher than the current spot rates the ship were earning. The Cape size ships were at US$ 8000 per day, Panamax at US$ 6500 per day, Supramax at US$ 6500 per day and Handy size at US$ 5500 per day.
The S8 route charter rates for Supramax down 22.85 percent week over week to $1881 per day on Friday 5 February 2016. Indonesia to India freight rates are expected to be flat to weak next week.
The Brent crude oil prices was down by 1.95 pct closing at $ 34.06 per barrel (as on 29th Jan 2016 was $ 34.74 per barrel). The bunker prices were up and closed at $ 166.00 pmt (IFO 380 cst ex Singapore on 5th Feb 2016).
Baltic Dry Index (BDI) - DOWN
Cape index (BCI) - UP
Panamax index (BPI) - UP
Supramax index (BSI) - DOWN
Handy index - DOWN
(as of week ended 5 Feb 2016 (week on week changes))
Click here for Vistaar Shipping Services (India) Private Ltd forecasts (subject to terms, conditions & Disclaimer clauses) for spot freight rates for coal & Iron-ore cargo for specific routes (cs)
The information provided by Vistaar Shipping Services (India) Private Ltd , India in this report is provided for information purposes only. No claim is made as to accuracy of the content in this report at any time. Vistaar Shipping Services (India) Private Ltd, and their Group companies or Subsidiaries do not accept any liability to any person or Company for the information provided in this report. No responsibility is taken for any information of services that may appear in this report.
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Tuesday, 01 March 16
CAN BULKCARRIER SUPPLY CUTS RESTORE SOME BALANCE? - CLARKSONS
The easing in bulkcarrier deliveries and the accelerated pace of demolition in recent years has seen bulkcarrier fleet growth slow from a rapid 17% ...
Monday, 29 February 16
BALTIC INDEX INCHES UP THIS PAST WEEK AS SMALLER VESSELS LEND SUPPORT
COALspot.com: The freight markets rose slightly this past week.
The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measure of global ...
Monday, 29 February 16
LOSS OF EARNINGS IN THE WAKE OF A COLLISION - GARD
KNOWLEDGE TO ELEVATE
A shipowner’s loss of earnings can form a significant part of a collision claim. Awareness of the ways of calculati ...
Friday, 26 February 16
U.S WEEKLY COAL PRODUCTION UP SLIGHTLY
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 13.4 million shor ...
Thursday, 25 February 16
DRY BULKERS ARE SCRAPPED AT RECORD PACE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The newbuilding market is at a lull these days, as ship owners are focusing on two fronts, getting rid of excess dry bulk tonnage and snapping up b ...
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Showing 2546 to 2550 news of total 6871 |
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- Asmin Koalindo Tuhup - Indonesia
- Baramulti Group, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- CIMB Investment Bank - Malaysia
- Intertek Mineral Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Mines - Canada
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Attock Cement Pakistan Limited
- Sojitz Corporation - Japan
- Latin American Coal - Colombia
- Oldendorff Carriers - Singapore
- London Commodity Brokers - England
- Banpu Public Company Limited - Thailand
- Krishnapatnam Port Company Ltd. - India
- Bhoruka Overseas - Indonesia
- Kartika Selabumi Mining - Indonesia
- Edison Trading Spa - Italy
- Bangladesh Power Developement Board
- Indian Energy Exchange, India
- Samtan Co., Ltd - South Korea
- Interocean Group of Companies - India
- Meralco Power Generation, Philippines
- Uttam Galva Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Standard Chartered Bank - UAE
- Tata Chemicals Ltd - India
- Coal and Oil Company - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Metalloyd Limited - United Kingdom
- Ministry of Transport, Egypt
- Madhucon Powers Ltd - India
- Lanco Infratech Ltd - India
- Eastern Energy - Thailand
- PTC India Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Bhushan Steel Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petron Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aditya Birla Group - India
- Thai Mozambique Logistica
- Maheswari Brothers Coal Limited - India
- SMC Global Power, Philippines
- Borneo Indobara - Indonesia
- Ambuja Cements Ltd - India
- Larsen & Toubro Limited - India
- Jindal Steel & Power Ltd - India
- Georgia Ports Authority, United States
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- Australian Commodity Traders Exchange
- GMR Energy Limited - India
- Manunggal Multi Energi - Indonesia
- Simpson Spence & Young - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Energy Link Ltd, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Orica Australia Pty. Ltd.
- OPG Power Generation Pvt Ltd - India
- Grasim Industreis Ltd - India
- Carbofer General Trading SA - India
- Formosa Plastics Group - Taiwan
- Sree Jayajothi Cements Limited - India
- Posco Energy - South Korea
- Central Java Power - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Sical Logistics Limited - India
- Iligan Light & Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Toyota Tsusho Corporation, Japan
- The State Trading Corporation of India Ltd
- ICICI Bank Limited - India
- SMG Consultants - Indonesia
- Mjunction Services Limited - India
- Merrill Lynch Commodities Europe
- Ind-Barath Power Infra Limited - India
- Kideco Jaya Agung - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Energy Development Corp, Philippines
- White Energy Company Limited
- Miang Besar Coal Terminal - Indonesia
- Wilmar Investment Holdings
- Heidelberg Cement - Germany
- CNBM International Corporation - China
- Bayan Resources Tbk. - Indonesia
- Global Business Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Dalmia Cement Bharat India
- Aboitiz Power Corporation - Philippines
- Singapore Mercantile Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Sakthi Sugars Limited - India
- Australian Coal Association
- Deloitte Consulting - India
- Chettinad Cement Corporation Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- McConnell Dowell - Australia
- Coalindo Energy - Indonesia
- Siam City Cement - Thailand
- Xindia Steels Limited - India
- Makarim & Taira - Indonesia
- Essar Steel Hazira Ltd - India
- Parry Sugars Refinery, India
- Jorong Barutama Greston.PT - Indonesia
- Vizag Seaport Private Limited - India
- Thiess Contractors Indonesia
- Global Coal Blending Company Limited - Australia
- Parliament of New Zealand
- PowerSource Philippines DevCo
- ASAPP Information Group - India
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining and Power Corporation, Philippines
- Planning Commission, India
- Meenaskhi Energy Private Limited - India
- Sindya Power Generating Company Private Ltd
- Power Finance Corporation Ltd., India
- Kumho Petrochemical, South Korea
- Semirara Mining Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Minerals Council of Australia
- GVK Power & Infra Limited - India
- Therma Luzon, Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Chamber of Mines of South Africa
- Bharathi Cement Corporation - India
- Kepco SPC Power Corporation, Philippines
- India Bulls Power Limited - India
- Kobexindo Tractors - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Riau Bara Harum - Indonesia
- South Luzon Thermal Energy Corporation
- VISA Power Limited - India
- Agrawal Coal Company - India
- Star Paper Mills Limited - India
- Indonesian Coal Mining Association
- Mercator Lines Limited - India
- Bukit Makmur.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- Trasteel International SA, Italy
- European Bulk Services B.V. - Netherlands
- Ministry of Finance - Indonesia
- Anglo American - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Economic Council, Georgia
- Gujarat Sidhee Cement - India
- Price Waterhouse Coopers - Russia
- International Coal Ventures Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Cement Manufacturers Association - India
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- Independent Power Producers Association of India
- The University of Queensland
- Rio Tinto Coal - Australia
- Bulk Trading Sa - Switzerland
- Electricity Authority, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Central Electricity Authority - India
- PNOC Exploration Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Globalindo Alam Lestari - Indonesia
- Indogreen Group - Indonesia
- Medco Energi Mining Internasional
- Bukit Baiduri Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Malabar Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Marubeni Corporation - India
- Renaissance Capital - South Africa
- Bhatia International Limited - India
- TeaM Sual Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Orica Mining Services - Indonesia
- MS Steel International - UAE
- Savvy Resources Ltd - HongKong
- Wood Mackenzie - Singapore
- Altura Mining Limited, Indonesia
- Videocon Industries ltd - India
- Antam Resourcindo - Indonesia
- Mercuria Energy - Indonesia
- Vedanta Resources Plc - India
- Romanian Commodities Exchange
- Leighton Contractors Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- San Jose City I Power Corp, Philippines
- Indian Oil Corporation Limited
- Indika Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- Salva Resources Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- IEA Clean Coal Centre - UK
- The Treasury - Australian Government
- Commonwealth Bank - Australia
- Electricity Generating Authority of Thailand
- Barasentosa Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Sinarmas Energy and Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Goldman Sachs - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Coal Council - USA
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement PLC, Thailand
- AsiaOL BioFuels Corp., Philippines
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